{
    "success": true,
    "data": {
        "ucits": true,
        "type": "ETF",
        "leverage": false,
        "derivates": false,
        "swaps": false,
        "inverse": false,
        "replication_method": "physical",
        "complex_factors": "Fixed maturity date, transitioning to US Treasury securities near maturity, potential ESG screening impact.",
        "classification": "non-complex",
        "supporting_data": "The ETF is UCITS compliant, passively managed with a fixed maturity date and aims to replicate the performance of a corporate bond index. It uses physical replication and may use derivatives for risk management, which is acceptable for UCITS ETFs to enhance efficient portfolio management. During the index final year the index will be rebalanced to short maturity USD denominated debt issued by the US Treasury which may affect the funds yield. While the ESG exclusion criteria may slightly affect portfolio composition, it does not inherently make the ETF complex. The ETF does engage in securities lending, but this is a common practice and doesn't automatically render the ETF complex given the proper collateral requirements are well-managed. The underlying index consists of investment-grade corporate bonds with a defined maturity which adds a layer of client understanding.",
        "complex": false,
        "non-complex": true
    }
}